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This is only a crappy investment because these music startups are looking at the entire business model in the wrong fashion. They are regurgitating the same ol
by nuweborder 17y ago
This is only a crappy investment because these music startups are looking at the entire business model in the wrong fashion. They are regurgitating the same old lame model that has failed time and time again. Its time for some new blood, new ideas, and greater innovation. You cant perform the same task and expect a different result. Its not going to happen. The three reasons that these web based music startups fail, that the writer suggested are true I agree. But they all can be easily fixed and turned around via a different thought process. These are not reasons for these companies to fail in this business. The writer states that people just dont want to pay for music, the ad supported model is not their yet, and dying labels have no interest in helping these companies survive. This may be true, but I have the remedy to solve all of these issues. Must keep my ideas guarded at this point, except for those at Y-combinator ofcource. But trust me, there is a different and much for effective way.
- yannis 17y agoI would sell all my assets to buy www.thesixtyone.com which I view as one of the newer models for music sites emerging. I don't know if it is making money, I would just love to own it for its beauty! I agree that there is a need for greater innovation for moneytization models, the market is huge and the same resistance in paying for music was always around, even before the internet. Yes keep your ideas guarded but let us know when you implement them!
- nuweborder 17y agoI too enjoy thesixtyone.com. Its a great site. Though because its a basic "Digg" for indie music, I do think that it can use some improvements that will take it to the next level. I will be sure to let you and others know when my ideas are implemented. Hopefully I can get Ycombinator to take them on. Hail to Great Indie Music!